Press release -
Allianz UK commits to Electric Vehicle corporate fleet transition by 2030
Allianz UK is proud to announce a significant step towards its sustainability goals with a commitment to transition to an electric vehicle (EV) fleet by the end of 2030.
During 2025 Allianz UK has been trialling a new process for fleet vehicle orders which marks a pivotal move in Allianz's journey towards reducing its carbon footprint. So far this year 160 new electric vehicles have been ordered, and are in progress, for Allianz’s UK fleet. This brings the overall new electric vehicle figure to 307, representing 28% of the total fleet.
To encourage a smooth transition and ensure that the vehicles available suit all employee needs, Allianz’s procurement team oversaw a programme including an employee panel to test drive vehicles and benchmark the EVs. They also tested adapted vehicles for drivers with different physical needs.
Allianz has also introduced a new driver app internally, available to all company drivers and their line managers. The app accurately records business mileage and allows Allianz to track car travel and emissions more efficiently.
The initiative is a crucial component of the Allianz UK’s sustainability strategy, which aims to reduce UK operations' greenhouse gas emissions by 70% per employee by the end of 2030. In 2024 the company achieved a 47% greenhouse gas emissions reduction per employee based on a 2019 benchmark.
The commitment also aligns with the EV100 initiative, a global campaign that unites companies dedicated to accelerating the transition to electric vehicles.
Bethany Thomas, Head of Sustainability, Allianz UK, commented:
“This move is an important one for us and underscores our commitment to sustainability, not only as an insurer but also as an employer. To support our customers across the country we need our employees on the road in vehicles fit for purpose that also align with our net-zero strategy. By driving towards a greener future we are being clear in our aims and taking action to achieve them.”
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About Allianz Holdings plc
Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance.
About Allianz
The Allianz Group is one of the world's leading insurers and asset managers with around 128 million* private and corporate customers in nearly 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 776 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.9 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2024, over 156,000 employees achieved total business volume of 179.8 billion euros and an operating profit of 16.0 billion euros for the group.
* Including non-consolidated entities with Allianz customers.
** As of December 31, 2024.
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